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“JYP most preferred, YG second” 

“JYP most preferred, YG second” 

Yuanta Securities forecast the upcoming performance of K-pop entertainment companies. 

In a recent report, Yuanta Securities said, “We maintain JYP Entertainment as the most preferred in the entertainment industry and YG Entertainment as the second most preferred.” Lee Hye In, a researcher at Yuanta Securities, said, “We evaluate that both companies have the highest earnings visibility in the next four quarters (from Q3 of this year – Q2 of next year).”

JYP YG stock price

In the third quarter of this year, new albums of YG’s BLACKPINK and JYP’s NMIXX will be released, and in the fourth quarter, JYP’s Stray Kids, ITZY and YG’s TREASURE are expected to drop new albums. Among the Big4 groups, JYP’s Stray Kids and YG’s BLACKPINK are also scheduled for large-scale world tours in the first half of next year.

Stray Kids

Researcher Lee emphasized, “The streaming figure of BLACKPINK’s ‘Pink Venom’ on Spotify is very high. The higher the number of streams, the more likely it is to be converted into a loyal fandom, so it can also be used as a leading indicator of fandom growth.”

blackpink pink venom

Researcher Lee added, “This is the reason why we are confident of the growth of BLACKPINK’s fandom after the tour. Compared to BLACKPINK’s existing song streaming figures, the number of streams this time has increased by at least 40%.”

Source: Herald

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